Mashable - The Social Media Guide - Latest Comments in Minglebox Gets $7M from Sequoia

Re: Minglebox Gets $7M from Sequoia

Jack — Wed, 02 Sep 2009 20:30:47 -0000

Here's an example of 'content' at MB: "What is an assistance ship in a US college? Perhaps you mean Assistant Ship (whatever that means since it is usually referred to as 'GTA or Graduate Teaching Assistant' postion. Here's the URL

http://www.minglebox.com/ed...

Man!, this is a dorky site cobbled together by cramsters who think that because they are IIT, they are entitled. And, get this, it's an ad-supported model.

Sumir, baby you'll have a lot to answer for.

Re: Minglebox Gets $7M from Sequoia

sivakumar — Wed, 26 Mar 2008 09:18:46 -0000

please send me favourite tamil videos

Re: Minglebox Gets $7M from Sequoia

steve — Mon, 14 May 2007 04:59:43 -0000

I dont think it is that easy. My brother worked for a VC firm and we pitched to them. My experience is that in such situations the bar only goes up because both sides are cognizant of the situation.

Re: Minglebox Gets $7M from Sequoia

alok — Sat, 12 May 2007 22:25:00 -0000

It seems like the investment maynot be $7mm upahead, probably broken up based on how the website does. Have seen this 'committment' word before in other situations, it generally means that.

Re: Minglebox Gets $7M from Sequoia

jake — Tue, 08 May 2007 00:41:38 -0000

Just took a look at minglebox. Its put together pretty well and has some nice touched. lets see how they evolve..

Re: Minglebox Gets $7M from Sequoia

karmin — Thu, 03 May 2007 09:48:12 -0000

Kavita(founder of minglebox) is Sandeep Singhalâ€™s (Sequoia India Managing Director's) wife-classic example of insider trading-for ALL the reasons

Re: Minglebox Gets $7M from Sequoia

dave — Thu, 03 May 2007 09:17:21 -0000

You got it. Family influence for a social networking site. what will be the valuation?.. for 49% it is $14M!! With no $ on site. bless sequoia investors.

Re: Minglebox Gets $7M from Sequoia

Jas — Thu, 03 May 2007 03:13:43 -0000

i get no alexa ranking for it ? Strange !

Re: Minglebox Gets $7M from Sequoia

Pete Cashmore — Thu, 03 May 2007 02:34:15 -0000

Ah. Interesting.

Re: Minglebox Gets $7M from Sequoia

Mitch — Thu, 03 May 2007 02:19:57 -0000

Apparently, the Minglebox CEO is the wife of Sequoia Capital India CEO.

The amount is very large for Series A. I checked Alexa (I know its notoriously inaccurate but good relative benchmark) and Minglebox traffic has been going down for the last 7 months.

Re: Minglebox Gets $7M from Sequoia

mrshl — Wed, 02 May 2007 21:42:18 -0000

Gotcha. Yeah, their initial rollout at Harvard, and gradual rollout everywhere else wasn't a model of openness. I might have said "closed/limited rollout", but whatever. I just wondered if you meant anything negative, and it's clear you didn't.

Re: Minglebox Gets $7M from Sequoia

Pete Cashmore — Wed, 02 May 2007 21:30:16 -0000

Staci,

Thanks - I will fix.

Re: Minglebox Gets $7M from Sequoia

Staci D. Kramer — Wed, 02 May 2007 20:47:46 -0000

The actual link

Re: Minglebox Gets $7M from Sequoia

Kristen Nicole — Wed, 02 May 2007 19:33:50 -0000

mrshl,

Elitist as in; Facebook started out as only granting access to particular colleges, then all colleges, and so on and so forth. Minglebox is taking a slightly similar approach by targeting an existing community and letting them create a space. Perhaps I should change "elite" to "privileged?"

Re: Minglebox Gets $7M from Sequoia

mrshl — Wed, 02 May 2007 19:15:21 -0000

Wait, what's elitist about Facebook? Not saying it's not elitist, necessarily. Just wondering why you would say so.

I'm having trouble coming up with anything "elite" or particularly snobby.

Re: Minglebox Gets $7M from Sequoia

moataz — Wed, 02 May 2007 18:28:19 -0000

A pretty well executed site but I honestly can't figure out the huge amount they're getting. $7m = Rs.287,000,000! No small start-up needs anywhere near that amount, especially a social networking site in which users are gained via other users.